Phoenix Metro Apartment Construction Report - Year End 2014

John Kobierowski | Alon Shnitzer | Rue Bax | Doug Lazovick | Eddie Chang | Terry Kass | Mark Skelpsa4715 N. 32nd Street Suite 105, Phoenix, AZ 85018 | P: 602.714.1400 | www.ABImultifamily.com

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8

12

11

10

14

15

16

17

18

19

24

23

22

21

3

4

15

6

7

9

13

20

Recently Completed (Past 12 Months)

Total # of Units: 4,527Total # of Properties: 24

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4715 N. 32nd Street Suite 105, Phoenix, AZ 85018 | P: 602.714.1400 | www.ABImultifamily.com

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John Kobierowski | Alon Shnitzer | Rue Bax | Doug Lazovick | Eddie Chang | Terry Kass | Mark Skelpsa

Address Units Completion Date Developer

1 Lofts @ 10 2247 East Van Buren Street, Phoenix, AZ 85006 78 1/20/2014 Bethel Development

2 Washington Pointe 1555 East Washington Street, Phoenix, AZ 85034 54 1/20/2014 Bethel Development

3 Garfield Commons 1110 North 16th Street, Phoenix, AZ 85006 100 1/21/2014 Slattery, David

4 Gracie's Village 1540 East Apache Blvd, Tempe, AZ 85281 50 1/21/2014 Gorman & Company

5 Urban Living on 2nd Avenue 650 North 2nd Avenue, Phoenix, AZ 85003 70 1/21/2014 Native American Connections

6 Encore on First 25 West 1st Avenue, Mesa, AZ 85210 81 2/3/2014 Urban Development Partners

7 Domus 4445 North 36th Street, Phoenix, AZ 85018 223 2/21/2014 Smithfield Properties

8 Cobalt on 32nd Street 18350 North 32nd Street, Phoenix, AZ 85032 90 2/25/2014 Goodman Real Estate

9 La Mesita 2254 West Main Street, Mesa, AZ 85201 80 3/28/2014 A New Leaf

10 Avenue 25 18250 North 25th Avenue, Phoenix, AZ 85023 254 4/25/2014 TruAmerica Multifamily

11 SkySong 1301 North Scottsdale Road, Scottsdale, AZ 85257 325 4/25/2014 Arizona State University Foundation

12 Indigo 16160 South 50th Street, Phoenix, AZ 85048 100 6/6/2014 Goodman Real Estate

13 Broadstone Lincoln 7100 East Lincoln Drive, Scottsdale, AZ 85253 264 6/23/2014 Alliance Residential Company

14 Cactus 42 4242 East Cactus Road, Phoenix, AZ 85032 200 7/24/2014 Southwest Next/Cachet Homes

15 Highland Groves at Morrison Ranch 105 North Beebe Street, Gilbert, AZ 85234 228 7/29/2014 P.B. Bell Companies, The

16 Elevation Chandler 2300 West Pecos Road, Chandler, AZ 85224 163 8/26/2014 Vedura Residential

Property Name

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4715 N. 32nd Street Suite 105, Phoenix, AZ 85018 | P: 602.714.1400 | www.ABImultifamily.com John Kobierowski | Alon Shnitzer | Rue Bax | Doug Lazovick | Eddie Chang | Terry Kass | Mark Skelpsa

17 CityScape Residences 11 South Central Avenue, Phoenix, AZ 85004 225 8/29/2014 Red Development

18 San Capella 1155 West Elliot Road, Tempe, AZ 85284 384 8/29/2014 Mark-Taylor

19 Jefferson at One Scottsdale 7355 East Thompson Peak Pkwy, Scottsdale, AZ 85255 388 9/9/2014 TDI Real Estate

20 Vive Distinctive Living 1901 West Germann Road, Chandler, AZ 85286 194 9/9/2014 P.B. Bell Companies, The

21 Elan at Desert Ridge 21155 North 56th Street, Phoenix, AZ 85054 370 10/14/2014 Greystar Real Estate Partners

22 Liv North Scottsdale 15509 North Scottsdale Road, Scottsdale, AZ 85254 240 10/16/2014 Investment Property Associates

23 Avilla San Marcos I 901 South Alma School Road, Chandler, AZ 85224 112 10/17/2014 Alta Vista Communities

24 Liv Northgate 455 South Recker Road, Gilbert, AZ 85296 254 12/16/2014 Investment Property Associates

RECENTLY COMPLETED (PAST 12 MONTHS) 4,527

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1

14

38

34

16

158

37

40

20

213

36

9

213

44

5

12

35

25

24

29

18

19 31

33

22 30

26

32

23

11

4

6

743

41

42

27

39

28

Under ConstructionTotal # of Units: 11,310Total # of Properties: 44

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17

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Address Units Permit Date Developer

1 La Mesita Phase II 2254 West Main Street, Mesa, AZ 85201 64 8/15/2014 A New Leaf

2 El Rancho 719 East Main Street, Mesa, AZ 85203 66 8/14/2014 Community Development Partners

3 University House Phase II 323 East Veterans Way, Tempe, AZ 85282 72 5/1/2014 Inland American Communities

4 Arcadia Gardens 3101 North 32nd Street, Phoenix, AZ 85018 76 41730 US Investment Realty

5 Avilla Palm Valley 4178 North Falcon Drive, Goodyear, AZ 85395 125 9/30/2014 NexMetro Communities

6 11 Capital Place NWC East Washington Street & South 11th Street, Phoenix, AZ 85034 140 10/15/2014 Epoch Properties

7 Avilla San Marcos II 900 South Alma School Road, Chandler, AZ 85224 145 1/15/2014 Alta Vista Communities

8 Park 28 4114 North 28th Street, Phoenix, AZ 85014 152 8/25/2014 Evergreen Development

9 12 Capital Place SEC East Washington Street & North 12th Street, Phoenix, AZ 85034 152 8/1/2014 Epoch Properties

10 Place One Redevelopment 7045 North 7th Street, Phoenix, AZ 85020 171 9/1/2013 Antonio Aguilera

11 Cascade 18575 North Scottsdale Road, Scottsdale, AZ 85255 186 7/1/2014 P.B. Bell Companies, The

12 @51 1615 East Georgia Avenue, Phoenix, AZ 85016 191 4/1/2014 Smithfield Properties

13 Vertex 1050 South Terrace Road, Tempe, AZ 85281 213 2/24/2014 Blue Vista Capital Group

14 SEVEN 19800 North 7th Street, Phoenix, AZ 85024 216 2/15/2014 NextGen Apartments

15 Alta Scottsdale 8444 East Indian School Road, Scottsdale, AZ 85251 218 12/15/2013 Wood Partners

Property Name


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16 Camden Foothills 18245 North Pima Road, Scottsdale, AZ 85255 220 11/1/2013 Camden Property Trust

17 Place at Santana Village, The 7606 West Peoria Avenue, Peoria, AZ 85345 224 1/8/2015 Clark-Wayland Builders

18 Camden Hayden 800 East Curry Road, Tempe, AZ 85281 234 11/1/2013 Camden Property Trust

19 Escape Modern Living NWC North 16th Street & East Highland Avenue, Phoenix, AZ 85016 244 6/15/2014 P.B. Bell Companies, The

20 Broadstone Waterfront 7025 East Via Soleri Drive, Scottsdale, AZ 85251 259 2/8/2013 Alliance Residential Company

21 SALT 260 East Rio Salado Pkwy, Tempe, AZ 85281 265 10/1/2014 OliverMcMillan

22 Elevation Central 4650 North Central Avenue, Phoenix, AZ 85012 266 5/12/2014 Vedura Residential

23 Crescent Scottsdale Quarter 15345 North Scottsdale Road, Scottsdale, AZ 85260 275 11/20/2013 Crescent Communities

24 Alta Paradise Ridge 18000 North 68th Street, Phoenix, AZ 85054 278 11/10/2014 Wood Partners

25 Optima Sonoran Village Phase II 6801 East Camelback Road, Scottsdale, AZ 85251 283 10/1/2013 Optima

26 Alta Tempe 1260 East University Drive, Tempe, AZ 85281 296 41623 Wood Partners

27 San Privada 1480 East Pecos Road, Gilbert, AZ 85295 296 8/26/2013 Mark-Taylor

28 Trillium 44 111 North Dupont Circle, Phoenix, AZ 85034 297 5/15/2014 Trillium Residential

29 Alta Chandler 353 South Washington Street, Chandler, AZ 85225 301 8/25/2014 Wood Partners

30 Residences at Camelback 4900 North 44th Street, Phoenix, AZ 85018 312 8/1/2014 JLB Partners

Property Name


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35 Hanover Mill Avenue 101 West 5th Street, Tempe, AZ 85281 341 12/15/2013 Hanover Company, The

36 56 North 21021 North 56th Street, Phoenix, AZ 85054 344 12/15/2013 Greystone Group

37 San Sonoma 9010 South Priest Drive, Tempe, AZ 85284 362 3/1/2014 Mark-Taylor

38 Moderne, The 4848 North Goldwater Blvd, Scottsdale, AZ 85251 367 4/1/2013 JLB Partners

39 Country Club Drive & Baseline Road 2318 South Country Club Drive, Mesa, AZ 85210 372 12/28/2014 Mark-Taylor

40 Camden Chandler 2777 South Arizona Avenue, Chandler, AZ 85286 380 5/1/2014 Camden Property Trust

41 Scottsdale Road & Princess Drive 6975 East Princess Drive, Phoenix, AZ 85054 388 6/15/2014 Mark-Taylor

42 Almeria at Ocotillo 2470 West Edgewater, Chandler, AZ 85248 389 3/1/2013 P.B. Bell Companies, The

43 Liv Ahwatukee 16025 South 50th Street, Phoenix, AZ 85048 402 4/15/2013 Investment Property Associates

44 San Travesia 7501 East McDowell Road, Scottsdale, AZ 85257 440 11/1/2013 Mark-Taylor

TOTALS 11,310

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35

6171

3

37

9

2024

22

5

13

33

43 14

51

29

52

39

40

38

47

21

46

73

2

7

12

56

25

70

3048

18

64

44

468

1

1710

16

3660

416732

8 116

34

65

42

63

50

59

54

31 55

27

62

1569

2866

7258

23

26

57

PlannedTotal # of Units: 17,007Total # of Properties: 73

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1 802 North 4th Avenue 802 North 4th Avenue, Phoenix, AZ 85003 50 Planned Canwood Enterprise

2 Landmark Senior 8280 North 59th Avenue, Glendale, AZ 85302 52 Planned Native American Connections

3 Scottsdale 92nd Lofts 10301 North 92nd Street, Scottsdale, AZ 85258 56 Planned Visiquest Properties

4 Row, The East Roosevelt Street & North 2nd Street, Phoenix, AZ 85004 56 Planned Urban Development Partners

5 Oak Creek Redevelopment 801 West Turney Avenue, Phoenix, AZ 85013 60 Planned Momentum Brokers

6 Escobedo Park Phase I 200 East University Drive, Mesa, AZ 85201 62 Planned Gorman & Company

7 Vista Village 5020 North 23rd Avenue, Phoenix, AZ 85015 63 Planned Englewood Group

8 La Mesita Phase III 2254 West Main Street, Mesa, AZ 85201 64 Planned A New Leaf

9 9920 Phase II 9920 West Camelback Road, Phoenix, AZ 85037 68 Planned Grewal, Kuljit

10 Union at Roosevelt West Roosevelt Street & North 1st Avenue, Phoenix, AZ 85003 80 Planned Metro West Development

11 Sycamore Station 1830 West Main Street, Mesa, AZ 85201 82 Planned AMCAL Multi-Housing

12 3541 East Van Buren Street 3541 East Van Buren Street, Phoenix, AZ 85008 90 Planned Chicanos Por La Causa

13 Victory Place IV 9th Street & Jones Avenue, Phoenix, AZ 85040 96 Planned Cantwell - Anderson

14 El Caro Senior Residences 8025 North 21st Avenue, Phoenix, AZ 85021 102 Planned Davis, Charles

15 Santana Ridge SEC South Gilbert Road & East Markwood Drive, Chandler, AZ 85286 112 Planned Blank Property Group

16 Barrister Place SEC Central Avenue & Jefferson Street, Phoenix, AZ 85004 114 Planned P.B. Bell Companies, The

17 4th & McKinley SWC North 4th Street & East McKinley Street, Phoenix, AZ 85004 118 Planned Goodman Real Estate

18 8221 North 23rd Avenue 8221 North 23rd Avenue, Phoenix, AZ 85021 122 Planned WESCAP Real Estate Services

19 Frank Luke Family 675 North 16th Street, Phoenix, AZ 85006 130 PlannedCity of Phoenix Housing Department

20 San Travesia Phase II 7501 East McDowell Road, Scottsdale, AZ 85257 132 Planned Mark-Taylor

Property Name


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21 Standard, The 6825 East Main Street, Scottsdale, AZ 85251 134 Planned P.B. Bell Companies, The

22 Concord Station NEC Cave Creek Road & Union Hills Drive, Phoenix, AZ 85024 140 Planned JTF Development Partners

23 Liv Northgate Phase II South Recker Road & East Warner Road, Gilbert, AZ 85296 148 Planned Investment Property Associates

24 Las Aguas 6640 East McDowell Road, Scottsdale, AZ 85257 154 Planned Chason Properties

25 Cottages of Tempe, The 708 South Lindon Lane, Tempe, AZ 85281 159 Planned Capstone Companies

26 Verde Dimora 2217 North Power Road, Mesa, AZ 85215 160 Planned Kauffman Homes

27 District Lofts, The North Oak Street & West Cullumber Avenue, Gilbert, AZ 85296 164 Planned Brown, Colin

28 Falcon Pointe at Pinelake SEC East Ocotillo Road & South Pinelake Way, Chandler, AZ 85249 176 Planned Runner, Jim

29 West University Drive & South Ash AvenueNWC West University Drive & South Ash Avenue, Tempe, AZ 85281 187 Planned Alberta Development Partners

30 Broadstone Central 3450 North Central Avenue, Phoenix, AZ 85012 192 Planned Alliance Residential Company

31 Ray Road NEC Ray Road & Arizona Avenue, Chandler, AZ 85225 192 Planned Palm Communities

32 Aura on Broadway, The 1245 East Broadway Road, Tempe, AZ 85282 194 Planned CNL Growth Properties

33 Avilla Homes NEC West Warner Road & North Grace Blvd, Chandler, AZ 85225 194 Planned NexMetro Communities

34 South MacDonald & West 2nd AvenueSouth MacDonald & West 2nd Avenue, Mesa, AZ 85210 200 Planned Cardinal Capital Management

35 North North Valley Pkwy & Norterra PkwyNorth North Valley Pkwy & Norterra Pkwy, Phoenix, AZ 85085 202 Planned Clark-Wayland Builders

36 Pony Acres 1847 East Apache Blvd, Tempe, AZ 85282 204 Planned Avenue North

37 Aura on Indian School NWC 20th Street & East Indian School Road, Phoenix, AZ 85016 220 Planned Trinsic Residential Group

38 Alta Fillmore SEC North 7th Avenue & West Fillmore Street, Phoenix, AZ 85007 220 Planned Wood Partners

39 Santana Canyon NWC 99th Avenue & Lower Buckeye Road, Phoenix, AZ 85353 220 Planned Clark-Wayland Builders

40 H2O Urban 1675 East Morten Avenue, Phoenix, AZ 85020 225 Planned Alliance Residential Company

Property Name


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41 Terrace & Apache SEC South Terrace Road & East Apache Blvd, Tempe, AZ 85281 225 Planned Helix Properties

42 DC Heights 201 West Commonwealth Avenue, Chandler, AZ 85225 250 Planned Gardner Real Estate Company

43 Park West NEC North 99th Avenue & West Northern Avenue, Peoria, AZ 85345 254 PlannedHoward Hughes Corporation, The

44 Jefferson Town Lake North Scottsdale Road & East Playa Del Norte Drive, Tempe, AZ 85281 256 Planned TDI Real Estate

45 Gilbert Civic Center SEC East Warner Road & South Civic Center Drive, Gilbert, AZ 85296 256 Planned Alliance Residential Company

46 7215 East Silverstone Drive 7215 East Silverstone Drive, Scottsdale, AZ 85255 262 Planned Mark-Taylor

47 Phoenix Ballpark 421 South 3rd Street, Phoenix, AZ 85004 275 Planned Granite Capital Investments

48 Clayton, The 3015 North Scottsdale Road, Scottsdale, AZ 85251 278 Planned Connell Company, The

49 Broadstone Arts District NEC East McDowell Road & North Alvarado Road, Phoenix, AZ 85004 280 Planned Alliance Residential Company

50 McClintock & Chandler Luxury NEC Chandler Road & McClintock Road, Chandler, AZ 85226 283 Planned Lennar Corporation

51 Tempe Lakeside 551 North College Avenue, Tempe, AZ 85281 290 Planned Transwestern

52 Trillium 101 20350 North 7th Avenue, Phoenix, AZ 85027 295 Planned Trillium Residential

53 Paseo at Pebble Creek 15600 West Monte Vista Drive, Goodyear, AZ 85395 300 Planned Picerne Real Estate Group

54 Met at Fashion Center, The 3657 West Chandler Blvd, Chandler, AZ 85226 303 Planned HCW

55 Residences at Gilbert Town SquareSWC East Warner Road & South Civic Center Drive, Gilbert, AZ 85296 307 Planned P. Stark Builders

56 Sunrise Commons 15333 North Hayden Road, Scottsdale, AZ 85260 311 Planned Sunrise Company

57 Castellina SEC Bell Road & Sarival Road, Surprise, AZ 85388 324 Planned Greystone Group

58 202 Cooper Place 1500 South Cooper Road, Chandler, AZ 85286 332 Planned NextGen Apartments

59 Broadstone Fashion Center SWC West Frye Road & South Price Road, Chandler, AZ 85224 335 Planned Alliance Residential Company

60 SouthBank at Town Lake 1450 East Vista Del Lago Drive, Tempe, AZ 85281 358 Planned Wolff Company, The

Property Name


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61 Muse, The NWC North Central Avenue & West McDowell Road, Phoenix, AZ 85003 360 Planned Lennar Corporation

62 Senna at Santan Village SWC East Ray Road & Santan Village Pkwy, Gilbert, AZ 85295 366 Planned LWI Properties

63 Lake Country Village 1030 East Baseline Road, Tempe, AZ 85282 367 Planned JLB Partners

64 Agave Residential 3300 North Scottsdale Road, Scottsdale, AZ 85251 370 Planned JLB Partners

65 Southern Avenue Villas SWC West Southern Avenue & South Extension Road, Mesa, AZ 85210 378 Planned Management Support

66 Sunrise at Chandler 23601 South Arizona Avenue, Chandler, AZ 85248 392 Planned Sunrise Company

67 Hayden at Dorsey Station, The Apache Blvd & South Dorsey Lane, Tempe, AZ 85281 395 Planned Lennar Corporation

68 Phoenix Central Station North Central Avenue & Van Buren Street, Phoenix, AZ 85004 476 Planned Smithfield Properties

69 Noria at Chandler Airpark SEC East Germann Road & South McQueen Road, Chandler, AZ 85286 483 Planned Robson Communities

70 Blue Sky 4649 North Scottsdale Road, Scottsdale, AZ 85251 496 Planned Gray Development Group

71 Studio City Lofts 2005 North 103rd Avenue, Avondale, AZ 85392 500 Planned Heers Development

72 San Valencia NWC East Germann Road & South Oxford Lane, Chandler, AZ 85286 556 Planned Mark-Taylor

73 Optima Center Kierland 15440 North Scottsdale Road, Scottsdale, AZ 85254 700 Planned Optima

TOTAL 17,007

Property Name


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Phoenix Metro Apartment Construction Report - Year End 2014

Real Estate

north scottsdale road

north beebe street

street suite

east washington street

west main street

east cactus road

east van buren street

west elliot road